Taxes

Robert Samuelson: Why Trump’s Tax Reform Won’t Work

By Jacqueline Leo

It’s hard to imagine that tax reform is No. 1 on the Republicans’ to-do list when they still don’t have a 2018 budget. Worse, they still haven’t agreed to raise the debt ceiling, as the federal...
Gary Cohn: Here's What We Want From Tax Reform

By Michael Rainey

Gary Cohn, President Trump’s top economic adviser, told the Financial Times Friday that the White House will begin a sustained push on tax reform starting next week. The president will hit the road...
Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries

By Yuval Rosenberg

Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...
Where’s Trump on Tax Reform Push?

By Yuval Rosenberg

The push to promote tax reform to the public is on in force: House Speaker Paul Ryan talked about it at a visit to Intel yesterday and again today at Boeing in Everett, Washington. House Republicans...
Corporate America Is Putting Its Muscle Behind Tax Reform Push

By Michael Rainey

Speaker of the House Paul Ryan (R-Wis.) is visiting Intel Corp. in Oregon today, and it’s not just to discuss the latest computer chips. Ryan’s trip is part of a larger effort by Republicans — and...

Tax Reform Consensus Taking Shape — but Can It Last?

By Yuval Rosenberg

The “Big Six” members of Congress and the Trump administration negotiating a tax reform package are making progress. The group has reached a “broad consensus” on the key question of how to pay for...
When Politicians Start Talking ‘Tax Reform,’ Check Your Wallet

By Rob Garver

If Congress ever actually gets around to pursuing tax reform, voters should expect to hear lots of talk about the benefits that would derive from an overhaul of the nation’s barnacle-encrusted tax...
Here’s How Trump Could Get Democrats’ Help on Tax Reform

By Rob Garver

The Trump administration has been reaching out to ‘Blue Dog’ Democrats to talk about possible areas of agreement on tax reform.
Are You Rich? Tax Reform May Answer That Question for You

By YLAN Q. MUI, CNBC

Whether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
Meet the Man Who Could Determine Your Tax Bill Next Year

By Rob Garver

All the promises coming from the Trump administration and the Republican leadership in Congress about plans to enact a massive rewrite of the federal tax code have been greeted with caution by much...

How Trump’s Tax Cut Plan Would Blow Up the Deficit

By Rob Garver

Tax and budgetary policy experts are divided on the impact that President Trump’s proposal to slash the corporate income tax rate from 35 percent to 15 percent would have on the federal budget and...
Why Pro-Business Republicans May Not Embrace Trump’s Massive Tax Cut

By Rob Garver

The chaotic swirl of proposals and demands coming from the Trump White House as the administration approaches its 100th day grew even more confused late Monday, when the president appeared to back...
Why You Could Be Scammed by Fake Tax Collectors More than Ever This Year

By Eric Pianin

Since the fall of 2013, more than 10,300 Americans have been victimized by a telephone scam in which the caller presents himself as an IRS or Treasury Department employee and demands immediate...
Will Trump’s Tax Plan Really Pay for Itself?

By Rob Garver

Treasury Secretary Steve Mnuchin on Thursday said that the Trump administration is prepared to move forward with a plan to overhaul the tax code, regardless of the fate of Republican efforts to...
Why Trump May Eliminate a Tax Deduction Claimed by Millions

By Rob Garver

One of the big ideas reportedly getting its turn in the sun in the Trump administration is repeal of the federal income tax deduction for state and local taxes.

Search form